Director Edward Fenster Sells 77,703 Shares of Sunrun Inc (RUN)
Edward Fenster, a director at Sunrun Inc (NASDAQ:RUN), executed a sale of 77,703 shares in the company on December 19, 2023, according to a recent SEC Filing. Sunrun Inc is a leading provider of residential solar, storage, and energy services in the United States. The company offers solar service offerings and innovative home battery products, aiming to create a planet run by the sun.
Over the past year, the insider has sold a total of 613,179 shares and has not made any purchases of the company's stock.
The insider transaction history for Sunrun Inc indicates a pattern of sales by insiders, with 0 insider buys and 65 insider sells over the past year.
On the date of the insider's recent transaction, shares of Sunrun Inc were trading at $19.86, giving the company a market capitalization of $4.224 billion.
The stock's price-to-GF-Value ratio stood at 0.57, with a GF Value of $35.01, suggesting that the stock is categorized as a Possible Value Trap, Think Twice according to GuruFocus' valuation.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
